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Author Topic: Is Altcoin Safe for Investment  (Read 17872 times)
Bertyda
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June 26, 2021, 05:38:55 PM
 #681


During the market downturn, it is necessary to continue to develop and attract the attention of the community to the project. The project should also be useful to society in order to increase the number of users. For example so https://dragonbite.medium.com/ama-recap-dragonbite-special-ido-3949c0939c24

After the market falls, comes the raise of the market, so you need to continue developing the project even during the fall, although it is much more difficult to draw attention to the project during the fall.

It is difficult to say how long the market will continue to fall, so we need to continue developing the project.
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June 26, 2021, 06:22:11 PM
 #682

Investing in altcoin isn't a bad idea, it's just that the market is not very friendly lately. I think it's best to invest in projects or coin that you can comfortably hold for long term without fear of it going extinct. If the altcoin on your list can serve that purpose, then its a good deal.


Altcoins are very scary thing when they are overbought especially when all time high is achieved. The sweet part is when you bought them at lower prices, by the time bull runs begins, they move like wild beast without destination.
It's always good to buy this altcoins when there is bear market like now but it's best practice when you cost average them gradually until you bought the bottom and then ride through your profit.
Stay out of shit coins that don't recover after they collapsed, they always lack liquidity and you wouldn't be able to sell them.
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June 26, 2021, 06:24:51 PM
 #683

Right now not safe, wait for bitcoin stable any position than the right time for Inter any alt coin
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June 26, 2021, 06:45:51 PM
 #684

yes altcoins are very safe for now, but use 50% of your total capital,
because if there is a follow-up dump and you go to the bottom again then you can buy another 50%,
then hold for the long term, there is still a long way to go for the price of Bitcoin, so don't worry about altcoins
Hope you still haven't had some alcohol and still in control of what you are suggesting, the red spots have spread continuously and you are signaling this is a safe place for altcoins and investing, it's really contrasting and paradoxical, the correct indicators in recent days are not safe and investing will need experience to cut losses, instead of being stubborn. Actively attacking is not a good way when you are not a talented general, the important task is to wait for intelligence and inside information.

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June 26, 2021, 11:15:00 PM
 #685

Investing in fully cryptocurrencies is very risky and has the potential to run out of money. But the good news is that if we invest in the right projects, our assets will increase significantly.
What is needed before you invest in altcoins is, do more in-depth analysis and research until you really understand the project. That way you can be wiser in deciding to invest in assets with high volatility.

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June 27, 2021, 04:05:03 AM
 #686

Altcoin investment is more risky then another coin like Bitcoin. And Altcoin investment profits here are also much higher. Because its price fluctuates more.  The amount of profit here is as high.  The amount of loss is also much higher

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June 27, 2021, 01:16:37 PM
 #687

Altcoin investment is more risky then another coin like Bitcoin. And Altcoin investment profits here are also much higher. Because its price fluctuates more.  The amount of profit here is as high.  The amount of loss is also much higher
Whatever the investment, it certainly has risks but for me at least investing in altcoins is much safer than investing in meme coins,
basically all cryptocurrencies are volatile in price and we should know about it,
if we can choose the right altcoin it is not impossible that we can make quite a large profit
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June 27, 2021, 01:31:28 PM
 #688

After all these years, we are still debating whether cryptocurrency is safe or not. It is actually very simple. There is no asset that can be considered as 100% safe. If you want to go for a safe asset (which is still only around 99.99% safe), then you can go for US treasury bonds. But the return is like 1.2% per year. Now there are assets such as equity and bank deposits, which have a higher probability of return. But the risk factor increases with the potential return. Bitcoin and other cryptocurrencies are at the opposite end. The risk involved here is extreme, but there is also a chance for 10x or 20x return in a few years, which is not available with any of the other assets.
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June 27, 2021, 04:04:02 PM
 #689

We still understand that even up till now people get scared of investing in Bitcoin which Could be considered the safest of them all let alone Altcoins but that said, Ethereum, BNB more recently Polkadot, Cardano ADA and some more have become investors favourite ALTs to invest in for a longer period. It shouldn't be a question of safety but when is the right time to invest so that you can make the best out of your investment because at the end of the day, all crypto investment are of high risk.
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June 27, 2021, 05:05:59 PM
 #690

This is the eternal question of how best and most profitable to invest your assets. Only your own analysis of the project will help in this, and in order to understand you need to devote a lot of time to studying the project. Also, sometimes I rely on my intuition and basically it did not let me down.

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June 27, 2021, 07:49:25 PM
Merited by paxmao (1)
 #691

Altcoins can be safe, if you invest in altcoins that have a high trust value, you can see them in the coinmarketcap. Well, maybe what you're referring to is a new altcoin emerging or an imminent launch. It does happen often fraud, the thing to do is to do in-depth research before investing.
safe? I don't agree with your opinion bro, cause here there is no guarantee that really guarantees even if we are in an altcoin that has a high trust value.
although the trust of people is very high, but still you have to remain alert to all possibilities that occur, for example, such as the fud that is happening now, causing a significant decrease
if you don't want to lose your money with a very big risk there are two ways, first you stop investing here and the second is to learn everything about crypto and always be aware of the possibility that happens even if it's small so you avoid losses

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June 28, 2021, 01:09:29 PM
 #692

In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them.
So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund .
So how we make altcoin investment safe ?
My advice, you should think carefully before investing in an Altcoin Project. It is usually not so easy to know for sure the sustainability of a project from a business and technology point of view. Therefore, you must be wise , not to spend money more than you can afford to lose. So you should be able to do your own research and choose an altcoin project that offers a good concept, a clear product or a concrete service.

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June 28, 2021, 06:59:45 PM
 #693

In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them.
So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund .
So how we make altcoin investment safe ?
My advice, you should think carefully before investing in an Altcoin Project. It is usually not so easy to know for sure the sustainability of a project from a business and technology point of view. Therefore, you must be wise , not to spend money more than you can afford to lose. So you should be able to do your own research and choose an altcoin project that offers a good concept, a clear product or a concrete service.
Risk investing is happen on any investment way, I think not only in cryptocurrency we faced many trouble when investing, but how to manage and know great or not some project of altcoin before investing, like you can try with good altcoin to invest BNB or hold BCH. If holder you can hold both coin and wait few months later maybe price pump.

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June 29, 2021, 02:31:20 AM
 #694

In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them.
So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund .
So how we make altcoin investment safe ?
My advice, you should think carefully before investing in an Altcoin Project. It is usually not so easy to know for sure the sustainability of a project from a business and technology point of view. Therefore, you must be wise , not to spend money more than you can afford to lose. So you should be able to do your own research and choose an altcoin project that offers a good concept, a clear product or a concrete service.
Risk investing is happen on any investment way, I think not only in cryptocurrency we faced many trouble when investing, but how to manage and know great or not some project of altcoin before investing, like you can try with good altcoin to invest BNB or hold BCH. If holder you can hold both coin and wait few months later maybe price pump.
at least there are some altcoins that are worth investing in, and we are not hard to find them, by looking at the rankings on coinmarketcap I think I can decide to buy them, and so far it is safe, even like eth can provide greater returns than bitcoin, for now This bnb is also in great demand by investors because of its real products

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zayika570
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June 29, 2021, 02:38:18 PM
 #695


During the market downturn, it is necessary to continue to develop and attract the attention of the community to the project. The project should also be useful to society in order to increase the number of users. For example so https://dragonbite.medium.com/ama-recap-dragonbite-special-ido-3949c0939c24

It is difficult to say how long the market will continue to fall, so we need to continue developing the project.

The most important thing is that the project should continue to develop in a falling market, and for this it should be useful, so that people continue to use the platform even when the market falls.
cryptoserega
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July 01, 2021, 12:19:34 PM
 #696


During the market downturn, it is necessary to continue to develop and attract the attention of the community to the project. The project should also be useful to society in order to increase the number of users. For example so https://dragonbite.medium.com/ama-recap-dragonbite-special-ido-3949c0939c24

The most important thing is that the project should continue to develop in a falling market, and for this it should be useful, so that people continue to use the platform even when the market falls.

With a falling market, only the most useful projects that will help people earn money or provide new opportunities will survive.
_MrTuyul404
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July 01, 2021, 01:02:20 PM
 #697

If you want to invest safely, follow these steps:

1. Take a look at the project team
It takes a team that is experienced enough to be able to carry out this vision. Realizing a vision requires a team that has high credibility and quality so that the idea can be implemented properly.

How do you know if the team is experienced enough and has high credibility and quality? You can view their LinkedIn profile, where all of their employment and education history is listed.

2. Road Map
Consider whether a road map looks realistic or not, is it too ambitious? Is it possible? It would be better if a road map was started several years ago.|

3. Marketing
Hiring a marketing professional can increase the confidence of investors to invest in the company. This is one of the added values ​​that has a big impact. Marketing methods are also not limited by writing articles on famous websites, airdrops, bounties and videos.

4. Use of Coins/Tokens
Each Coin or Token has a different function, having a Coin/Token does not mean you have shares in the Coin/Token company, but there are some ICOs or projects that are already running that have a token function that distributes dividends to their Coin/Token holders. Note that the function of the Coin/Token greatly affects the prospects of the ICO

Boomber
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July 02, 2021, 02:37:02 PM
 #698

In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them.
So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund .
So how we make altcoin investment safe ?
If you want to reduce your risk level significantly then just stick with the top altcoins that already have market trust and positive reputation so i would suggest to pick your alts from max top 50 coins because the newer projects possess greater levels of risks and most of them do not perform as promised.

I agree with you and I also prefer to investing in altcoin that already have project and popular, because the risk is very small and of course the price will definitely increase very high in the future, then I advise you to invest in Ethereum and Binance, because you will definitely get a big profit from investing in these altcoin.

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July 02, 2021, 03:23:17 PM
 #699

I personally feel a very safe investing with altcoins, the proof is that I have never experienced a very large loss, in fact I have taken a lot of the profit from alt, I think if the altcoins we invest have a good potential and prospects, plus they have a high level of a trust very high in the market, our investment will be safe,

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dota2bestplayer
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July 03, 2021, 10:00:39 AM
 #700

There must be a great risk. Since his increase is great, the risk is bound to be great. However, if the risk is high, your profit will be high. If there is no zero-risk project, the first thing is to keep our principal, and then profit and stop the loss in time.
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